This is done every day by companies around the world. It's common practice if someone is looking to sell (or buy and flip) a company.
Is Prince in trouble?
- Thread starter richie65
- Start date
This is done every day by companies around the world. It's common practice if someone is looking to sell (or buy and flip) a company.
Overeemforehand-YYR-23
Banned
Once a company has a big name it will probably never be out of business, it may be sold, it may file bankruptcy under chapter 11 and so forth, but as big as it is it will be brought back, they are not going anywhere, look at Donnay which is 1% of how big Prince is.
You can also check a little history as Delta, Chrysler and GM(if I'm not mistaken) and recently US Airways have all gone bankrupt and are back up and running well again.
On a side note check this seller on the e. bay He has a lot of prototypes of Prince for sale. Mint Prince Experimental TC178B-100 (Hybrid Hornet) 4 3/8.
I talked to Donald Young's personal customizer (if there is such a word) and He told me DY does not have contract with Prince, but they make racquets for him and they are not retail as many may think. DY used to get his done **** while with HEAD, then this guy started customizing for DY, then Donald Young had his racquets done by Bosworth then came back to the very same guy. That is what He told me in a conversation.
You can also check a little history as Delta, Chrysler and GM(if I'm not mistaken) and recently US Airways have all gone bankrupt and are back up and running well again.
On a side note check this seller on the e. bay He has a lot of prototypes of Prince for sale. Mint Prince Experimental TC178B-100 (Hybrid Hornet) 4 3/8.
I talked to Donald Young's personal customizer (if there is such a word) and He told me DY does not have contract with Prince, but they make racquets for him and they are not retail as many may think. DY used to get his done **** while with HEAD, then this guy started customizing for DY, then Donald Young had his racquets done by Bosworth then came back to the very same guy. That is what He told me in a conversation.
DeShaun
Banned
So, there is really no deception involved. It's basically one party saying to the other: I have got this shell company over here, and we have certain infrastructure in place. . .would you be interested in doing anything with it?
DeShaun
Banned
It sounds like he's plugging his own service as superior to Bosworth.
Bartelby
Bionic Poster
A company that purchases Prince would be cashed-up and anxious to widen a sporting goods portfolio. It would be thinking that they could do wonders with the brand.
It's not so much that they would be deceived by the cost-stripping of the previous owners, as much as the seemingly good balance sheet makes the purchase an easier sell to its own board and the shareholders, as well as the market.
It's not so much that they would be deceived by the cost-stripping of the previous owners, as much as the seemingly good balance sheet makes the purchase an easier sell to its own board and the shareholders, as well as the market.
Overeemforehand-YYR-23
Banned
You guys can assume, I try to give the credit until it's proven otherwise. But I can't comment on anything else since I never used his service, but we all know it is not hard to customize a racquet.
He said what He doesn't and can't do is grip molding, because of the price of the machine, He said it costs about 20K .
Cheers chaps!
How about we get a few hundred TT members together and buy Prince?
Who's the first to shell out a million?
Power Player
Bionic Poster
Troiki actually uses the retail version.
themitchmann
Hall of Fame
Prince is not folding. They recently hired several new reps throughout the country, so that could explain the communication break.
I'm a Prince teaching pro, and I was able to place my order for this tear's equipment without a problem.
I'm a Prince teaching pro, and I was able to place my order for this tear's equipment without a problem.
cork_screw
Hall of Fame
I believe prince sells enough lower end stuff like tweener and beginner frames, cheaper stuff (stuff you find at big five and chain outlet stores) to make up for any gaps at the top of performance racquets.
But for me, when I think of prince one thing comes to mind, chick sticks. I honestly don't think of david ferrer, gael monfils or victor troicki. For me it's always been the bryan bros. and female players.
Their cosmetics also need to change. There was one stick that came out a year ago where there were just a bunch of random squiggles, basically a vector mesh that was shifted and all the points were rearranged. For me, this is unacceptable, that was a prototype design and should not have made it into production. Honestly, it was intern work that got passed into output which is pretty sad that someone actually approved of it. The art director should be fired for that, because that design is what you see in graphic design 101 students who have no ideas who just mess around with vector meshes, the same way when someone who doesn't know design principles uses photoshop filters as a substitute. At design school someone who submitted that to one of my professors would have had to redraft a new design and would have been laughed at for trying turning in crap at the last minute trying to pass it off like they actually tried.
So besides the cosmetics (which most of all the racquets have a pretty sad ailment of bland and boring designs that repeat themselves) the other thing I have an issue with is every *update* seems to be nothing more than just a new paintjob and since the paintjob sucks to begin with the updates seem to suffer from a cycle of bad cosmetics without any type of technology applied. They don't even try to hide the fact that they didn't try to work on new technology, regardless if it's fake or not, but the only thing I see is the same borrowed technology of the portholes on the sides. Whether or not head's IG of D30 work or not it does accomplish a few things. It really encourages buying power and excites the market, and it does in fact change the feel and performance of the previous line that it says it updates. Going back to prince now, all the racquets no matter performance, tour, tweener all feel and play alike. When an update does come out nobody every gets excited because there is no difference in the current and the succeeding frame. They also don't address any issues that people seem to have issues with which one for instance is a lack of feel.
Prince reminds me of Waltham/Elgin pocketwatches trying to make new pocket watches in a day where their competitors are trying new things and have moved on and ahead of them.
Prince has to only ask itself only one thing. Whenever a new prince line (yonex should be listening too) comes out, nobody is ever really excited about it as people seem to be with Head, Wilson or Babolat. Lastly I really wish Prince would try to offer frames that are drastically different from one and another. Generally most prince frames seem to play the same and that's not much feel.
I think prince has some good nostalgia like the POG, but for me it suffers from Dana Carvey syndrome in that when it got really big at the height of its career, it all of a sudden stopped trying and continued to fade into oblivion.
But for me, when I think of prince one thing comes to mind, chick sticks. I honestly don't think of david ferrer, gael monfils or victor troicki. For me it's always been the bryan bros. and female players.
Their cosmetics also need to change. There was one stick that came out a year ago where there were just a bunch of random squiggles, basically a vector mesh that was shifted and all the points were rearranged. For me, this is unacceptable, that was a prototype design and should not have made it into production. Honestly, it was intern work that got passed into output which is pretty sad that someone actually approved of it. The art director should be fired for that, because that design is what you see in graphic design 101 students who have no ideas who just mess around with vector meshes, the same way when someone who doesn't know design principles uses photoshop filters as a substitute. At design school someone who submitted that to one of my professors would have had to redraft a new design and would have been laughed at for trying turning in crap at the last minute trying to pass it off like they actually tried.
So besides the cosmetics (which most of all the racquets have a pretty sad ailment of bland and boring designs that repeat themselves) the other thing I have an issue with is every *update* seems to be nothing more than just a new paintjob and since the paintjob sucks to begin with the updates seem to suffer from a cycle of bad cosmetics without any type of technology applied. They don't even try to hide the fact that they didn't try to work on new technology, regardless if it's fake or not, but the only thing I see is the same borrowed technology of the portholes on the sides. Whether or not head's IG of D30 work or not it does accomplish a few things. It really encourages buying power and excites the market, and it does in fact change the feel and performance of the previous line that it says it updates. Going back to prince now, all the racquets no matter performance, tour, tweener all feel and play alike. When an update does come out nobody every gets excited because there is no difference in the current and the succeeding frame. They also don't address any issues that people seem to have issues with which one for instance is a lack of feel.
Prince reminds me of Waltham/Elgin pocketwatches trying to make new pocket watches in a day where their competitors are trying new things and have moved on and ahead of them.
Prince has to only ask itself only one thing. Whenever a new prince line (yonex should be listening too) comes out, nobody is ever really excited about it as people seem to be with Head, Wilson or Babolat. Lastly I really wish Prince would try to offer frames that are drastically different from one and another. Generally most prince frames seem to play the same and that's not much feel.
I think prince has some good nostalgia like the POG, but for me it suffers from Dana Carvey syndrome in that when it got really big at the height of its career, it all of a sudden stopped trying and continued to fade into oblivion.
Thank you for addressing the thread correctly...
I think this is getting out of hand. :evil:
More info about Prince being sold/bust/refreshed in any way, would be nice.
Correct me if I'm wrong but are you implying that building a 2-piece racquet with no grommets (the More range) and O-ports aren't new things?
How about Wilson's players frames? They have had the same basic design for years... only changing colors... people don't seem to care about technology, only specs and feel of the racquet. They even still sell the PS 6.0 85... Wich I would love to get if I could afford and play it right, don't get me wrong.
I Love Prince and would love to see it continue.
If it goes down, it's a shame.
maggmaster
Hall of Fame
The exo3 tour is pretty awesome. Flexible enough for me to use full poly.
Way too many racquet manufacturers, and way too many frames being made and way too often, with small insignificant differences in order to entice people to buy - while the pros play with the old frames with paintjobs. A consolidation of the market is needed to drive out the unprofitable companies.
Rabbit
G.O.A.T.
Seems like I continually do this, but let me echo my thanks to vsbabolat for the real scoop around here.
I spoke with the friend of mine who owns a local shop where I do business. He told me that not only has he been able to get gear from Prince, they've recently swapped over all their pros to Prince and are now a Prince shop.
He also let me know that Prince has some cool stuff that's going to be available in 2012, like the ability to order a "package" much like the pros get. You can get your racquets customized with regard to weight/balance, get string, bag (possibly with your name on it) and other cool stuff.
There are a bunch of young juniors around here who get sponsored by Prince. I really appreciate the work Prince does in that area.
Bhagi Katbamna
Legend
Wait, you know this but someone who is successful enough to have money to actually buy businesses will be fooled?
I'm sure whoever is contemplating buying Prince knows exactly what they are going to get and has a plan for the business(which may or may not be successful in the future, but they will have a plan).
Power Player
Bionic Poster
^^
Finally a real post.
I love how guys post how that the cosmetics are off and all these lame reasons why they don't buy Prince gear ; ergo Prince should fail..writing long paragraphs basically about nothing because they are talking out of their rears.
Finally a real post.
I love how guys post how that the cosmetics are off and all these lame reasons why they don't buy Prince gear ; ergo Prince should fail..writing long paragraphs basically about nothing because they are talking out of their rears.
Kenny022593
Professional
Prince just replied to my post on their Facebook wall asking if they were going under.
"Far from it, Kenny! We're as committed as ever to arming athletes with the next-gen tennis weaponry they need to reach their next level. In fact, check back later this week for a peak at the latest EXO3 weaponry to come out of the Prince R&D Innovation Center. - Owen"
"Far from it, Kenny! We're as committed as ever to arming athletes with the next-gen tennis weaponry they need to reach their next level. In fact, check back later this week for a peak at the latest EXO3 weaponry to come out of the Prince R&D Innovation Center. - Owen"
